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20121207
20121207
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CNBC 8
MSNBCW 4
CSPAN 3
CSPAN2 3
FBC 3
MSNBC 3
KPIX (CBS) 2
KRCB (PBS) 2
KTVU (FOX) 2
SFGTV 2
WBAL (NBC) 2
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English 47
Search Results 0 to 46 of about 47 (some duplicates have been removed)
CBS
Dec 6, 2012 5:30pm PST
state in the nation has legalized marijuana for recreational use, leaving cops and citizens with lots of questions. john blackstone clears the air. and what town has the winningest football team in the nation? wyatt andrews takes us to a community on hard times now riding high. >> one, two, three. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. whether the u.s. enters the war in syria appears to be up to the dictator bashar al-assad. on monday, david martin reported orte the assad regime had given orders to prepare chemical weapons for possible use to put down the revolt that has been raging in that country for more than a year and a half. oesident obama said the use of these weapons of mass bestruction would be totally unacceptable. well, tonight, david has new intelligence to report, and we have three stories on the breaking news in syria. we'll start with martin at the pentagon. >> reporter: u.s. intelligence so far has not detected any emgns syria is loading chemical weapons on to aircraft, but defense secretary pane
FOX Business
Dec 7, 2012 3:00pm EST
looking for a job myself. cheryl: construction, there was a loss of 20,000. most of us expected a little bit of a game and that ector. >> maybe it will take a little bit longer to give up. my brother is still out of his house. they cannot get anyone to do work on it yet. cheryl: let's go over to the cme. i know that metals has been a big focus for a lot of traders today. what are you watching? >> just the price action in gold. it really gives the feedback. people, you know, maybe a risk on trade. it jumps back to the 17th 04 daily highs. that makes me believe i want to belong before the meeting and at the end of the year where we can hit that 1750 range. cheryl: very interesting. let's head over to the imax. i want to talk about a move that we are seeing in oil. it looks like some bearish signs for oil, in particular, when it comes to terms of supply. >> i think we get to 85 and then rebounds and get back up to the 88-89 level. the fiscal cliff talks not going anywhere yet. during the next two weeks we will start to see some positive remarks. one thing that is very interesting, heat and
NBC
Dec 6, 2012 7:00pm EST
, we broke the story yesterday. and tonight a new warning from the u.s. >>> and big news about american jobs and apple computers, and the exclusive interview with the man who now runs t company. >>> and after years of just say no and millions of arrests, a new marijuana law makes histor >>> and going home, smiling, our first look at kate as she leaves the hospital today, nightly news begins now. >>> good evening, there has been swift and worldwide reaction to the story we brought you last night, the reporting of our pentagon correspondent, jim miklaszewski, quoting intelligence sources indicating the syrian military has loaded the first stages, the so-called precursor chemicals, as chemical weapons that could be deployed as aerial bombs. and the fear is president assad of syria, facing long odds of power in syria or even staying alive, could use the chemical weapons against his own people s. from the defense secretary on down, the world be the world reacted to the news today ur chief foreign we begin with our chief foreign correspondent affairs, andrea mitchell. >> reporter: they warned
CSPAN
Dec 7, 2012 2:00pm EST
about in you're so vain and will you share that with us? >> i think it's warren beatty. >> and he says not. >> that's what my information was but again that information has not been updated for 40 years. [applause] >> now that that the turnpike extends past the city to the airport, any thoughts about revising the song? >> you mean the turnpike no longer ends in boston, it goes all the way to summer set, no. what town is the airport in? >> that's got a ring to it but it doesn't rhyme. that's the thing is the internal rhyme. that song has four rhyming schemes going at once. it's got to be boston unless they take it to aust tin texas. [applause] >> i want to thank all of you for joining us this afternoon. i want to remind you of our next lunch on december 18, we have leon panetta, i'm sure if you have some advice on how to stolve fiscal cliff i'm sure heed like to hear that. >> while you are writing your next song i'd like to present you with your coffee mug. it might give you some inspiration. >> thank you so much. [applause] >> i want to thank the national press club staff including the
CSPAN
Dec 7, 2012 5:00pm EST
is the negotiators are probably going to use a baseline that is different from the congressional budget office and senator warner talks about getting savings from the tax rates going up on what the americans. as i understand, it is already built into the cbo baseline. so, in terms of getting to that four to 6 trillion-dollar how much are we talking a lot in terms of real savings and in terms of tax increases, and how much are we talking about in terms of coming you know, just a redefined baseline? and then in the other question is can you give us an idea in terms of framework we are likely to see at the end of the year are we just going to see a bunch of top line number $800 billion with some sort of trigger or are we going to see the details, and if we see a bunch of top line numbers, how long does it take to get to feeling that an and drafting the legislation to get it through the congress? >> i would like to answer the second question. >> there is an old adage that says you don't learn a lot on the second kick in the shin from a mule. we've down this road of process. we have 12 fighting hig
CSPAN
Dec 7, 2012 12:00pm EST
the other lesson learned for us is to look beyond the tactical level of training that's provided by the department of defense to consider what ways we might also engage in terms of institutional development with the defense institutions and that's something in the last several years where we are ramping up in the department of the ability to provide advisers and other types of institutional reform engagement with various military partners to ensure that just as we are looking at strengthening of the tactical level we are also focusing on the institutional strength of these defense institutions. >> ms. dory can we afford to wait a year for planning, training, assembly of a regional force for the completion of negotiations for the successful election in some press accounts aqim is described as this point the best funded and best equipped most potentially lethal affiliate in the world and those accounts are overblown but the suggestion is we should have an area the size of texas controlled by terrorists engaged in drug trafficking and kidnappings that have had an inflow of some soph
ABC
Dec 7, 2012 2:35am EST
a trend, apple will soon move overseas manufacturing jobs here to the u.s. abc's david muir has the story. >> reporter: ceo tim cook now says some of apple's mac computer will next year carry the three word "made in america." cook telling bloomberg business week the company plans to spend $100 million next year to move production of the mac line from china become here to the u.s. it was earlier this year when asked about the factories they used to have here in america that tim cook talked about possibility of bringing manufacturing back. >> there isome manufacturing revive vaal in the u.s. will there be an apple product made in the united states? >> i want there to be. >> reporter: a promise there will be. at the factories in china they make 40% of the world's electronics where this year, bill welir. took you inside. apple moving their macs to america, represents a small part of the overall product line. cook made the point before that key components of the iphone for instance are made in america. the processor made here. glass in kentucky. >> it says on the back of an apple product, desi
CNBC
Dec 7, 2012 2:00pm EST
marka on long island. he and his buddies at dunkin' donuts watch us every day. >> thank them for that and happy birthday. "street signs" begins right now. >>> jobs number coming in better than expected but why were we expecting so little? we asked why we're creating even more jobs but yet they're lower pay? we'll also talk about what your paycheck may finally start to rise above. >>> speaking of moving higher, can pot solve some of our financial woes? the fiscal spliff will spark a debate ahead. >>> guess whose portfolio is up 160% in ten years. he'll bring some his top picks. >>> if had to buy one -- apple, google or microsoft, which would it be? we put it to the test. >>> hello. our early jobs inspired pop in the markets has just been buried under that weak consumer confidence. of course the lack of fiscal deal. we want some progress on that front. the dow is nonetheless on pace for its third straight weekly ga gain, the first time in four months. >>> straight down to the floor of the stock exchange. bob, tally the week up for us. >> we're up fractionally on the dow. dow ha
CNBC
Dec 7, 2012 9:00am EST
're very excited about it. >> dan, thank you. thanks for the work you're doing. appreciate you joining us today. have great weekend, everybody. right now it's time for "squawk on the street." >> up 146,000, that's the jobs numbers for november. unemployment at 7.7. that's the lowest in exactly four years. good morning. welcome to "squawk on the street." i'm carlos gutierrez with jim cramer, david faber and melissa lee. questions remain about the internals. europe is reacting to a miss on german industrial production and some reports at least that some ecb members favored a rate cut yesterday. our road map will go like this. that puzzling jobs number beating virtually every wall street estimate as the labor department says sandy had only a minimal effect. is it true a clean number and what are conspiracy theorists saying. >>> a comment hastings made last july. what does it say about s.e.c. rules and whether they are out of date. >> mcdonald's will post same store sales on monday gets an upgrade to buy taking the forecast to a street high after surveying franchisees. we begin with november
CSPAN
Dec 7, 2012 9:00am EST
just how nonlife- u.s. unemployment benefits are. a lot of the against -- non- lavish u.s. unemployment benefits are. the two countries that he mentioned, the netherlands and belgium, they're doing much better than other continental european countries. the scandinavian countries have guest: there is not this simple relationship that have been extensive unemployment insurance system and you mechanically generate a higher unemployment rate. host: lisa from dallas, texas, received unemployment insurance -- nate from dallas, texas, receives unemployment insurance. caller: right now i lost my job because my boss was fired from the university. and recently got my doctoral degree from that university, and i am spending eight hours a day on the computer, trying to network. i want to buck the contention that it is a mismatch of skills between the employer and the people that are unemployed. there was a recent "wall street journal" saying that part of the problem is how employers conduct searches of candidates, and her recruiting is done. -- how recruiting is done. i think the unemployment benefi
MSNBC
Dec 6, 2012 11:00pm EST
in an era of bain capital with e.j. dionne. good to have you with us tonight, folks. thanks for watching. the reality of the election is start to set in on members of the republican party. republican senator jim demint of south carolina is leaving capitol hill to become president of the heritage foundation. don't cry for demint. the out-going president of the heritage foundation made $1.1 million according to 2010 tax filings. demint will do just fine. it's not just about the money. the senator realizes he could be more effective for the conservative movement if he's not attached to the dysfunctional party known as the republican party. in a statement, demint said "i'm leaving the senate now but i'm not leaving the fight. i've decided to join the heritage foundation at a time when the conservative movement needs strong leadership in the battle of ideas." he was more to the point on cnn earlier today. >> this will give me the opportunity to help take our case to the american people and to translate our policies into real ideas. >> so you think you could be more influential within the cons
FOX Business
Dec 7, 2012 11:00am EST
question] >> the risk the president wants us to take, increasing tax rates will hit many small businesses that produce 60-70% of the new jobs in our country. that is the whole issue. [inaudible question] >> i think that is reckless talk. [inaudible question] >> listen, raising taxes on small businesses will not help our economy and will not help those seeking work. i came out the day after the election to put revenues on the table. to take a step towards the president to try to resolve this. >> is there someone you could agree to tax rate increases and protect small businesses may be at the same time? >> there are a lot of things that are possible. the president insists on this position. insist on my way or the highway. next. connell: speaker of the house john boehner. dagen: i think ed henry says no progress and charges at the white house. connell: there is the optimism. it has been waning anyway on the stock market. the speaker talk to you about the phone call about the president needing to get more serious. we will talk more about that coming up. mark warner is supposed to join us from
CNBC
Dec 7, 2012 4:00am EST
.3 earthquake strikes japan's northeast coast. tsunami warnings have been issued. job growth in the u.s. are expected to have slowed significantly in november as hurricane sandy battered the economy. and euro hits a session low, 0.4% as problems in europe's periphery continue to weigh. a powerful 7.3 magnitude earthquake has struck across japan's northeastern coast. the quake rocked buildings as far as tokyo according to reports. u.s. geological survey said there was no threat in the wider pacific ocean. the yen has been rising to a session high before we got details of that. and right now, you can see dollar-yen at 82.39. 82.17 before that happened. some safe haven in-flows into japanese currency. if there was going to be a wave in terms of tsunami that was going to hit, it would have happened around five, six minutes ago and she had yet to see any specific drop or change in the sea level. so we'll hope that that continues on that particular way. atomic power says no irregularities seen at its nuclear plant. operations are normal after the quake. so we'll keep our eyes on that. and we'
SFGTV
Dec 7, 2012 9:00am PST
181 fremont will not have adverse impact on use of union square pursuant to planning code section 295, the sunlight ordinance. b, portion be allocated to the proposed project 181 fremont street and adopt finding under the california environmental quality act and adopt mitigation monitoring and reporting. we presented this item for review at the capital committee. we are speaking on the same presentation. we provided a bit more information as you received, an additional attachment under attachment e. you received updated exhibit 1 also under e. so full packet should be available to you. i should be able to do a presentation. joined by kevin guy from the planning department. if you have questions for him as well. thank you. >> as you can see this is a map of the transit center district plan that this commission also reviewed with the planning commission in october. the 181 fremont site is identified with an arrow. here is a map that shows the vicinity of the project. the project is a 54 with seven residential unit, qualifies for lead gold, environmental certification program. here is a
ABC
Dec 7, 2012 2:35am EST
may be cut. no word on how much. and the jury, samsung, used technology to build its smart phones and tablets. >>> the supreme court today meets again in private. to discuss same-sex marriage. justices are reviewing legal challenges to california's proposition eight that would legalize same-sex marriage. an announcement could come as soon as monday or tabled un,000 till next year. >>> flarz wigs will flay at hal staff across the nation to observe pearl are bar day, december 7, 1941, japanese forces launched a surprise attack on the u.s. naval base at pearl are bar in hawaii leaving more than 2,400 americans dead and drawing the u.s. into world war ii. then, president franklin roosevelt dubbed it off course, "the day which will live in infamy." the death toll is climbing in the philippines after a powerful typhoon washed away a string of villages. more than 400 people were killed and hundred of others they're still missing. the flooding was so widespread, two emergency shelters turned into death traps. >>> a new government climate report warns that flooding from future storms will
PBS
Dec 6, 2012 7:00pm PST
when north korea launched another rocket. it blew up less than two minutes after lift off. u.s. officers are also on alert. >> those ships are capable of participates in defense. we will go forward with that as we did in the last time. >> he said officers will be able to track the missile's flight path. the north koreans have refined their technology so the probability of success has increased. the timing of the launch coincides with the presidential election campaign in south ko a korea. >> translator: today marks a watershed in the presidential campaign. i will do everything i can for the south korean people. >> translator: i promise to achieve a change of government. i would also like to realize a new era in politics. >> ahn said he'll join moon's campaign tour. the two couldn't agree on which one of them should run against the ruling party. so ahn withdrew from the race two weeks ago. the latest opinion poll suggests pak leads moon by about five percentage points. political analysts say they expect ahn's support will help moon especially among young and undecided voters. >
MSNBC
Dec 6, 2012 5:00pm PST
. thanks for being with us. "the ed show" with ed schultz starts right now. >>> good evening, americans, welcome to "the ed show" from new york. senator jim demint has met his waterloo. this is "the ed show." let's get to work. >> one republican senator said, i'm quoting him now, if we're able to stop obama on this, it will be his waterloo. it will break him. think about that. >> jim demint is cutting and running. john boehner is in a box. grover norquist near oblivion. karl rove benched on fox news. and the real action of barack obama has sent the republican party into total disarray. >> that's what i'm talking about. >> congressman jim clyburn of south carolina and eugene robinson on the latest republican fiasco. >>> plus, congressman chris van hollen on john boehner's latest concession on the fiscal cliff. michael eric dyson and donna genteel-o'donnell on the political fallout. howard dean on chris christie's big decision on the obama care exchange. and apple's ceo breaks big news to nbc's brian williams. >> next year, we will do one of our existing mac lines in the united states. >>
CNBC
Dec 7, 2012 3:00pm EST
into that coming up. we're still looking for a deal on capitol hill, surprise, surprise. all to keep us from going over the fiscal cliff. just in case, though, we've got some experts on happened to help you protect your money. here's how we stand right now, though. it's been a generally positive day for some of the blue chip averages. the dow among them. up 57 points right now, near the highs of the session at 13,003 and change. the nasdaq continues lower. you can blame apple. technology suffering as a result today, down 12 points right now at 2977. the s&p is up 2.25 points at 1416. with less than an hour to go in the trading week, another week without a deal to avoid going over the fiscal cliff. while today's positive jobs report did give markets a boost early on, it wasn't enough to get a significant rally going and to continue it on. so what's it going to take to get some conviction back in this market? >> that's in today's "closing bell" exchange. gentlemen, great to have you joining us here on "closing bell." i think bill pretty much cede it. what is it going to take to get conviction back i
CBS
Dec 6, 2012 6:00pm PST
in the u.s. speculation is rampant about what computer and where in the u.s. apple will manufacture its former assembly plant in elk grove one possibility. although some see apple's decision as a public relations move, one user says it's right for the times. >> i hope it's something tangible. this is also for the stakeholders. people on the ground actually working on the apple phones. >> reporter: low wages and low fuel costs were the main forces driving companies to start manufacturing overseas allen but over the decades we in that fuel costs are definitely up and wages in china as a result of some of this reporting of bad conditions there are on the rise 15 to 20% as well so it doesn't make as much economic sense as it used to. >> i'm sure consumers are wondering oh, yeah but does that mean all the apple products are going to cost more? will they raise prices on me is it. >> reporter: it's a competitive thing. they are getting a lot of mileage out of moving some manufacturing of one line of computers, the mac mini or the pro, they are getting publicity about that. other companies may
CSPAN
Dec 7, 2012 9:00am EST
as difficult as one. we are sorry jeanne could be with us but we're fortunate to have represented schwarz with as representing a dish in philadelphia, and urban philadelphia, vice ranking democratic member on the committee on the ways and means committee. i want to have a conversation, that reflects kind of the dual nature of the to do list that the public can send it in the pulpit on the one hand when you ask them the most immediate challenge in washington today, with the most wanted ashington to do, they to talk about deficit or the debt, getting the fiscal house in order. but that is not the full extent. right behind that is education, retirement, good paying jobs with very different by the way, talk about priorities along partisan and racial lines. let's start with where we are and where the public not surprisingly is on the question of solving the immediate fiscal cliff decision. how would you describe your feeling that there will be some kind of accommodation deals these on the tax or the spending side, or both? >> first of all, good morning. and just, i'm not gene sperling. but i'm
CSPAN
Dec 7, 2012 7:00am EST
u.s. energy information society and the center for strategic and international studies. "washington journal" is next. host: good morning. it is friday, december 7, 2012. the 71st anniversary on the attack of pearl harbor. reaction continues this morning over yesterday's resignation announcement of jim demint. the approach and fiscal clift deadline continues to loom over congress and the white house. that is where we want to begin. is it ok for leaders to compromise, or should they stick to their principles and would it be ok if doing so sent us over the fiscal cliff? give us a call this morning. you can also catch up with us on all of your favorite social media websites. a very good morning to you. i want to begin with the question of compromise or sticking to principle. this is a question a gallup organization asked in a recent poll. it found 62% of americans would like to see the federal government leaders compromise on an agreement to avoid the fiscal cliff budget measures set to go into effect next month. more than twice the 25% who want leaders to stick to their principles. a m
FOX News
Dec 7, 2012 2:00am PST
that is fundamentally hostile. >> he was being honored by the hudson institute for his contributions to the u.s. and government. >>> a day after hunters found two bodies in a rural area the mother of a missing girl confirms it is her daughter and her niece. dozens of people attended a vigil. the girls disappeared back in july while riding their bikes. a positive id needs to be made by a medical examiner. >>> a champion for conservative causes will be leaving the senate. jim demint stepping down to become president of the heritage foundation. he says he can do much more outside of congress than from the inside. >> i am looking for a place where i can make more of a difference. we will not win the hearts and minds of the american people if we leave things the way they are. we have to do more. the heritage foundation is the most credible research idea grp in the country. >> nikki haley will pick demint's interim replacement and a special election will be held in 2014. >>> a christmas tree celebration now shining bright. >> 3, 2, 1. >> the first family flipping the switch to the 21 foot blue bruce.
CNBC
Dec 6, 2012 7:00pm EST
. is anybody looking at how tax hikes fail the test of economic growth? >>> back here in the u.s., could it be michigan which used to call itself the worker's paradise union state is now moving towards new anti-union right-to-work legislation and it looks like it's going to pass? but first up, budget talks resume between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becoming the party for rich people while president obama and democrats stake their claim on the middle class. and my tax rate flexibility with higher -- here's what the president said earlier today. >> i'm not going to sign any package that somehow prevent prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> w
Current
Dec 7, 2012 3:00am PST
nation's capitol. >> that's where you find us right here on capitol hill. we will tell you what's happening in our nation's capitol and give you a chance to get involved in the conversation at 866-55-press. how about a big news today? south carolina's jim demint announced he is going to resign from the senate to head the heritage foundation. that is good news not senate. at a time gets rid of one of the most whacko extremist members of the senate. bad news for the heritage foundation because they are going to be known as just a bunch of right-wing extremists. we will find out about that. first let's check in with lisa ferguson with this morning's current news update. >> good morning, everyone. happy friday. the president has a pretty light day on his schedule today, just a morning meeting with his advisors and this afternoon, he will sign into law the child protection act of 2012. now, that law protects children against child pornography, sexual abuse and sex trafficking by giving law enforcement more power to protect those victims and to go after sex
KBCW
Dec 6, 2012 10:00pm PST
the drug for recreational use. this is where you cheer or boo. but as john blackstone temperatures us, even those who must enforce the law are foggy on details. >> reporter: at seattle police headquarters given the task of explaining the new marijuana law. what do you call it? >> marijwhatnow. it's a guide. >> reporter: a lot of people are saying that. it will take a year for the state to write regulations for selling marijuana legally. that leaves confusing gaps. it's still illegal to smoke pot publicly. you can possess it. you can buy it, but nobody is allowed to sell it. nobody is allowed to grow it right now either. how do you get legal pot? >> i couldn't tell you. >> reporter: the new law passed with 56% of the vote. supporters say it will save police and courts time and money. since 2001 more than 130,000 people have been arrested in washington state for marijuana possession. legal marijuana sales could generate washington $500 million a year in taxes and business. opponents worry legalization will lead to more people using drugs. >> this is not what you're going to pick up in baggy a
SFGTV
Dec 7, 2012 9:30am PST
it is used daily by seniors, by children and other low income and immigrant residents from our community for exercise, recreation and community gathering. it is a space heavily used. it is important to the district, to the community and in much need of repair. while there are a few other playgrounds, there is really a great demand for more open space for this very dense neighborhood. it would benefit the health and well-being of the residents. that is why our office urges the commission to support the resolution before you, thank you. >> thank you. >> next speaker. >> president buell, commissioners, general manager ginsburg, ms. mcarthur, my name is phil chen. i'm the chair of the committee for better parks and recreation in china town. the committee is a voluntary organization that has worked with the commission of open space issues over 40 years. we starred in 1969 despite attempt business a developer to turn a playground into a garage. i'm here to speak on the proposed regulation regarding prioritis for the transbay open space impact fees. we are recognized as a es for the t
SFGTV2
Dec 7, 2012 2:00am PST
of us asian american authors and asian authors in general tend to go back and write about our ancestors and write about things in our past not our specific past but may be of of ancestors and mothers and grand mothers. we have been telling their story. i think the generation to come, will be telling stories of living here. it will be different stories. but the oppression of our voices have been for so many, many years, if you think back the first writer who was read in terms of asian american was maxine kingston. i read her in high school and was greatly affected by reading about the woman warrior. before her there were few. there were some but didn't make that economic splash. they were never read in a large way. maxine was the first one we read her in school we knew of her. she was not out there like anny tan was when she wrote the joy luck club. so much of it is timing. it meant all the history and the voices before then had been silent. my generation of writers came in and we heard stories of women and men and the family of a different generation. a lot of us had been writing about
NBC
Dec 6, 2012 10:00pm EST
, the decision faced by every family. so why do so many get it wrong and regret it? harry smith gives us a very intimate look inside one place where they're trying to change that. >> give me as much time as i can get. but keep me comfortable. >>> also tonight, ann curry travels to new zealand to visit film director peter jackson. can his hotly anticipated new movie "the hobbit" possibly live up to "the lord of the rings"? >> one of my favorite characters. >> ann goes inside his magical world. >> now we're really in trouble. >> yeah, where are we looking? oh, dear. >> that and more tonight as "rock center" gets under way. >>> good evening and welcome to "rock center." the impact of apple on life in america is well established by any standard. they have changed our electronics and our culture and whether you're the owner of apple products or not, you've got to admit that much. as much as any company can be about one guy, apple was steve jobs. and now that steve jobs is gone, apple is run by tim cook. he hasn't talked a whole lot about his life or his business. he certainly hasn't done so on telev
CNBC
Dec 7, 2012 6:00am EST
say the slow down in nonfarm payrolls will reflect the effect of sandy. joining us this hour is bank of america merrill lynch global research senior research economist michelle mire and we'll talk through everything that's been happening through jobs and what to expect. but first, there is a developing story. an earthquake off the northeast coast of japan triggered a tsunami warning. the warning has been lifted, but it was a 7.3 quake. so far no reports of any injuries or damage. it was for the same area devastated by an earthquake and tsunami back in march of last year. we will continue to bring you any developments. in the meantime, steve has some of the morning's top other stories. >> let's start with the markets. asian stocks rallying to 2012 highs overnight. the nikkei edging lower after hitting a se hitting hitting a seven month closing high yesterday. european trading, shares seem to be fwllat. bundesbank announced it had cut its growth outlook for the country. in the u.s., the nasdaq snapped its losing streak yesterday with its first gain in five days. the dow was on pace for
MSNBC
Dec 7, 2012 12:00am PST
things. he's been doing it, gradually getting us to forget how bad things were. they don't blame obama for the weak economy, they still blame w. this isn't about right or wrong. that's what w. did and his crowd did. i want president obama to do what he looks like he's already doing, getting it done right and on time. he knows it's an unclear dimension, nobody knows, i don't know, how bad the whirlwinds will be if we fail to do this on time. and one thing for certain, there's no guarantee that a huge drop in faith by the world economic markets will be followed by a quick rebound. as i said, this is a real cliff, not a bungee jump. that's "hardball" for now. "politicsnation" starts with al sharpton. >>> good evening, americans, welcome to "the ed show" from new york. senator jim demint has met his waterloo. this is "the ed show." let's get to work. >> one republican senator said, i'm quoting him now, if we're able to stop obama on this, it will be his waterloo. it will break him. think about that. >> jim demint is cutting and running. john boehner is in a box. grover norquist near
PBS
Dec 6, 2012 5:30pm PST
for 160 years. bnsf, the engine that nnec us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thankou. >> woodruff: with 25 days left until the year-end fiscal cliff, and just 19 days until christmas, president obama warned lawmakers today not to add to the holiday pressures americans already feel, by letting the political stalemate drag on. but he also again insisted there would be no deal unless tax rates went up on the wealthy. >> the closer it gets to the brink, the more stressed we're going to be. >> woodruff: president obama made the short trip to northern virginia today to underline his plan to avert the fiscal cliff. at the home of what the white house called a typical middle class family, mr. obama said he's optimistic that agreement can be reached, but again drew a ha
FOX
Dec 7, 2012 4:00am PST
of china-america capital joins us on this jobs friday. tim, we are being told there could be a murky jobs number because of hurricane sandy. what do you think about that? > > i think the market will dismiss a weaker-than-expected number because of hurricane sandy and the distortions that it has and look more toward next month, or january's report, that we will get. so, i think they will let it slide. but it should be weaker than expected. i think that is expected by the market, so it shouldn't be a surprise. > goldman sachs has a call out that we will see a renaissance in commodities. are you bullish on any particular commodities here? > > i am bullish on the agriculturals, for reasons of which the supply and also the growing drought that we had this past year, the continued conditions that make for dry growing season next year as well. so i think from a supply/demand standpoint, yes, i think agricultural. the other thing i like, commodities in general, is when the fed's buying $85 million a month worth of treasuries, i think you are going to have to like commodities. > what is your play
FOX
Dec 7, 2012 5:00am PST
. >> and i'm pam cook. thank you for joining us on this friday morning. we get to sleep in tomorrow. that is nice. and look who is here rosemary orozco is in for steve. i hear we are going to get maybe some sun this weekend? >> yes we are looking really good. maybe for golf and holiday shopping. i would say make your plans. we want to be outdoors this weekend. it will be dry. our temperatures will be above average for december. and today the last business day of the week i should say not bad at all. we have mild conditions for your afternoon. this morning a little bit of patchy fog and it is a chilly start. i'll have current conditions coming up. >>> here's a look at highway 4 through the bay point pittsburg area you can see that steady stream of traffic sneaking its way back up westbound. up next a look here at 880 near the oakland coliseum. you can see traffic flowing well in both directions. >>> a man is in the hospital after falling about 30 feet inside the coliseum in last nights raiders game. christien kafton is at the oakland coliseum with the investigation. good morning, chr
MSNBC
Dec 7, 2012 3:00am PST
try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. ♪ don't know what i'd do ♪ i'd have nothing to prove ♪ i'd have nothing to lose [ male announcer ] zales is the diamond store. take an extra 10 percent off storewide, now through sunday. >>> we're counting down to slashing the 'stache. at the top of the show, we asked you, why are you awake? producer john tower has your answers. john. >> we've got bobby who writes, i'm awake in anticipation of the big slash. i'm thinking of shaving my back in solidarity with axelrod. >> ew. that's just gross. what you ought to do is wax like louis. louis, start the show. >> "morning joe" starts right now. ♪ this is it ♪ make no mistake where you are ♪ ♪ this is it >>> for 40 years, every morning when i wake up, i look in the mirror, and it's me and my mustache. and we've gone many, many mil
PBS
Dec 6, 2012 5:00pm PST
would like to confirm how the u.s. is performing. it's now back above the 107 levels. 107.05 to 10. let's take a look at stocks. japanese share prices are a little change. the nikkei trading above the 9,000 mark. 9,558 so far this morning. looks like everyone is waiting for the u.s. jobs data. let's take a look at the jobs market in the asia pacific. kospi is trading at the central bank's role has become a key focus in japan's general election. the leaders othe ruling party have expressed contrasting views on what the bank of japan can and should do. our business reporter spoke with two economists for their take on the issue. >> translator: debate had heated up ever since banks were urged to take strong action. >> translator: we will boost public spending. that's going to force new money into the market. this will have a positive effect on the economy. >> reporter: the comments had an impact on tokyo markets in mid-november. the yen weakened and stocks shot up. some analysts called it the abi rally. others are cautious about aggressive boj easing include prime minister noda. >> translat
CNBC
Dec 6, 2012 11:00pm EST
growing the repressive communist world to boot. your inability to give us a deal, any deal is crushing our economy. allow me to explain. since i read @jimcramer on twitter, people say i'm biased. i believe that the compromise which all the common sense people are looking for, some combination of spending cuts, higher taxes and pro-growth initiatives doesn't come into play anymore in washington. too many pledges, too much ideology. i am part of the 2% that's going to have to pay more. i have the highest effective tax rate possible, 48% for a variety of reasons. but i am willing to pay more because i used to pay more at one time and i'm grateful for what this country has done for me. i know that those of us are lucky enough to have done well in this country have had a really good run and it's time to show some gratefulness, even if we think the government may be profligate with some of our money. selfishness masked as insight? enough already! i want others to do well too. so don't get the idea -- i'm not against the next guy doing better. the idea is that the small business person that every
FOX Business
Dec 7, 2012 9:20am EST
recoveries in u.s. history. it helps when you can go straight back and doing what you were doing. stuart: if only we had done in 2009 what ronald reagan did in 1982, but i'm out of time. you know i'm out of time, now that. >> which is set the highest rate at 50%? >> no. >> that's what it was. stuart: it stimulates the private sector, not all government all the time. that's the story. aw austan, i'm sorry, i really am out of time. thank you, sir. more "varney & company" in a moment. >> a strong earthquake hit the coast of japan in the same region where the fukushima plant was devastated last year. no tsunami waves this time around. 7.3 magnitude quake and shook buildings more than 200 miles away in tokoyo, a tsunami warning has now been called off. we've been reporting this for months here on "varney & company." gun sales, they are absolutely booming. and now, smith & wesson, the gun people, they made a profit and they raised their outlook and the stock is going to be up come that opening bell. charles,you're buying gun stocks? >> i've got to it will you, i wanted to feature this on maki
CNBC
Dec 7, 2012 12:00pm EST
weekend. >> thanks. >> that does it for us here on a friday morning. let's get back to headquarters. wapner and the fast money half time. >> here is where we stand. take a look at the nasdaq right here in the red as we speak. here's what we're following on halftime today. on notice, netflix's boss reed hasting gets a warning from the s.e.c. what does it mean for the beaten down stock and the company's future? >>> food fight. mcdonald's shares looking golden to one wall street firm. our buyer and seller square off in a super-sized debate. but first our top story, apple's rotten week. the stock's on track to have its worth week in 2 1/2 years. all told more than $40 billion in market cap washed away. is the pain about to end for america's best loved company or is even more selling ahead? pete and john and jerry and stephen weiss and terranova are the traders. apple sits at the lows today as we come on the air. >> right. i have yet to find a reason for me to dip back into apple presently. you know, there's different stories out it seems like each and every day why it's out, what the bu
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